Safepal that is considered like a shitcoin has an enormous rise in price today. It just doesn't stop, rises and rises.
As it seems, the reason behind these rise is in touch with China and Binance. A lot of chinese were worried that they wouldn't be able to use Binance but thanks to Safepal, they found a loophole and are now able to trade just like normal.
Even at the moment of writing, it's price in unstoppable. I guess the loophole will be fixed soon and they (chinese) won't be able to trade, so, why do they still buy this coin? Why is it still rising? What will happen next?
safepal was extraordinary the last week rose up to +186% and formed new ATH. surely this is a great improvement
because it is related to binance. In addition to an increase because Chinese citizens bought Safepal (SFP) this coin was also briefly mentioned by the founder of Binance through his tweet about Safepal.
despite these improvements, safepal is a coin that has good fundamentals. they have a safepal mobile application and also their flagship product an offline-based safepal wallet
and very safe if we save money in the wallet. their product safepal wallet is selling very well, if we want to buy we have to do a PO first for 3 months. currently if we see the hype is over and sfp is in decline, but i never doubted sfp and in the future it will be very possible
form a new ATH.